Are US Dollar and Euro Currencies Setting Up For Big Trading Moves?
The U.S. Dollar and Euro currencies are two of the most watched in the world, with the U.S. Dollar being the world's reserve currency.
Today's...
U.S. Stock Indices Must Hold These Price Support Levels
Next week investors are expecting the Federal Reserve to announce a reduction in the monthly bond-buying program.Â
Jerome Powell, the Fed chair, has previously stated...
Hang Seng Index Testing 23-Year Rising Trend Line!
Amidst the on-going concerns about COVID, inflation, and a potential energy crisis, we also have China to worry about.
That is, the Chinese stock market....
How Long Will Rotation into Large Cap Stocks Last?
Both the tech-heavy Nasdaq 100 (QQQ) and the S&P 500 (SPY) sit near their recent breakout levels.
This is a pivotal place for large-cap companies...
Why Dow Jones Industrials Needs Correction Before True Breakout
The broader stock market has made a nice recovery from the September pullback.
Yes, it was just a pullback. And not even a strong pullback...
Natural Gas Prices Near Highest Monthly Closing Since 2009!
Rising energy prices are stirring up plenty of inflation concern across the financial markets. And major breakouts for Crude Oil and Natural Gas are...
Did Jerome Powell Jump Scare Major Stock Market Indices?
Friday, the chair of the Federal Reserve –Jerome Powell spooked the market when he announced that the Fed would keep rates near zero and...
EURAUD and EURNZD Currency Pairs Elliott Wave Cycles Eye Lower
The US Dollar is consolidating in what appears to be an Elliott wave corrective retracement. And we could see a bit more US Dollar...
3 Stock Market Breadth Indicators To Confirm Bullish Thesis
The worst crime that an analyst can commit is remaining bearish in the face of a rising market.- Richard Russell
Over the last couple months,...
Can Major Stock Indices Clear Pivotal Resistance Levels?
Both the S&P 500 ETF (SPY) and the Dow Jones Industrials ETF (DIA) are poised to hit new highs, while the Nasdaq 100 ETF...
